Tuesday, April 12, 2011
[IWS] BEA: U.S. INTERNATIONAL TRADE IN GOODS AND SERVICES - February 2011 [12 April 2011]
IWS Documented News Service
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Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor---------------------- Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
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U.S. INTERNATIONAL TRADE IN GOODS AND SERVICES - February 2011 [12 April 2011]
http://www.bea.gov/newsreleases/international/trade/2011/trad0211.htm
or
http://www.bea.gov/newsreleases/international/trade/2011/pdf/trad0211.pdf
[full-text, 48 pages]
or
http://www.bea.gov/newsreleases/international/trade/2011/xls/trad0211.xls
[spreadsheet]
and
Highlights
http://www.bea.gov/newsreleases/international/trade/2011/pdf/trad0211_fax.pdf
Goods and Services
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department
of Commerce, announced today that total February exports of $165.1 billion and imports
of $210.9 billion resulted in a goods and services deficit of $45.8 billion, down from
$47.0 billion in January, revised. February exports were $2.4 billion less than January
exports of $167.5 billion. February imports were $3.6 billion less than January imports
of $214.5 billion.
In February, the goods deficit decreased $1.0 billion from January to $59.3 billion, and
the services surplus increased $0.3 billion to $13.6 billion. Exports of goods decreased
$2.5 billion to $118.0 billion, and imports of goods decreased $3.4 billion to $177.3
billion. Exports of services were virtually unchanged at $47.2 billion, and imports of
services decreased $0.2 billion to $33.6 billion.
The goods and services deficit increased $6.0 billion from February 2010 to February 2011.
Exports were up $20.5 billion, or 14.2 percent, and imports were up $26.6 billion, or
14.4 percent.
AND MUCH MORE...including TABLES....
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Stuart Basefsky
Director, IWS News Bureau
Institute for Workplace Studies
Cornell/ILR School
16 E. 34th Street, 4th Floor
New York, NY 10016
Telephone: (607) 255-2703
Fax: (607) 255-9641
E-mail: smb6@cornell.edu
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